PM receives JPMorgan President in Washington

[6ly410]

PM receives JPMorgan President in Washington

 Political

 

•  Today, 19:32

 

[6ly410]

Prime Minister: It is not possible to work in any development sector without reform steps for the banking sector

[6ly410]

Al-Sudani speaks from Washington about a plan to dispense with the electronic dollar platform

economy

Ultra Iraq

17-Apr-2024

 

 

Prime Minister Mohamed Shia Al-Sudani met at his residence in Washington, D.C., on Wednesday evening, the President of JPMorgan, Masha Cloufuxi, with a delegation from the bank.

The meeting witnessed, according to a statement published by Al-Sudani's office, "discussing the government's efforts in implementing financial and banking reforms, in light of the path it pursues towards advancing the economic reality and achieving development, as well as discussing the government's measures in developing the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and encouraging private banks to open accounts with foreign banks to be correspondent banks, according to a plan aimed at dispensing with the electronic platform by the end of this year."

Al-Sudani said, according to the statement, that "it is not possible to work in any development sector without reform steps for the banking sector, and the need to continue dialogue with the US Treasury, the US Federal Bank, the International Monetary Fund, and other international financial institutions."

The President of the US Bank praised "the efforts of the Iraqi government in activating, developing and qualifying government and private banks, and its procedures in the field of providing assistance to Iraqi private banks," stressing "its support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership."

[6ly410]

[southbeach]

HELLO

[NMP2017]

4 hours ago, 6ly410 said:

 

lmao! 🤣 The CBI has been "compensating and rehabilitating" Warka Bank for more than 10 years now! That's effort worth praising? 🤣